COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 09 May 11
INDONESIA HBA FALL BELOW $118


COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 117.61 per ton, which was 3.61 percent lesser than April 2011 price of US$ 122.02.

The government of Indonesia has been publishing a monthly coal reference price (HBA) since February  2010 to be used by coal producers for all future spot and term contracts. The May HBA was 27.73  percent higher Y-o-Y.

Coal reference price (HBA), the price has calculated based on a monthly average (previous month) of the Indonesia Coal price Index (ICI-1), Platts-1, Newcastle Export Index (NEX)  and the New Castle Global Coal Index (GC) from the previous month.

Assessment basis of coal price reference was calculated considering coal with GCV (GAR)  6,322 kcal/kg, Total Moisture (arb) 8.00%, Total Sulphur 0.8%, Ash Content 15.00% and  delivery free on Board (FOB) Vessel basis  and applicable for spot contract, delivery between 1 - 31 May 2011.

Any deliver of cargo after 31 May, must be used June 2011 HPB unless the deliveries fall under term contract.

Director General Mineral and Coal have declared today coal reference price for May  2011. The declared HBA was at US$ 117.61 per ton FOB vessel a marginal drop of US$ 4.41 per ton or down 3.61 percent compared with April 2011 Coal reference price. Government has taken around nine days to release this month HBA.

The declared ICRP for this month was dropped by US$ 0.41 per mt and it was the third continues drop since March 2011.

Government also declared reference price for eight brands of Indonesia's coal, which are most commonly traded in the market. Those eight brands are act as benchmark and used to calculate other 52 coal types with a quality similar to the coal price markers.

For sales in barge, the reference price is reduced by barging and transhipment costs from barge to vessel.

The coal reference price, which has been established to fulfill the requirement of mining law 04/2009 and latest ministerial decree 17/2010 and also aims to increase government revenue from royalties from coal producers.

Click here for complete details of  Indonesian coal reference prices since Feb 2010.
(cs)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1.  The Australian and South African benchmarks have plummeted more ...


Friday, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...


Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...


Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...


Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...


   1 2 3 4 5   
Showing 6 to 10 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Neyveli Lignite Corporation Ltd, - India
  • Madhucon Powers Ltd - India
  • Freeport Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Vale Mozambique
  • International Coal Ventures Pvt Ltd - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Humpuss - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Indian Energy Exchange, India
  • Videocon Industries ltd - India
  • TANGEDCO India
  • The Treasury - Australian Government
  • SMC Global Power, Philippines
  • South Luzon Thermal Energy Corporation
  • Karaikal Port Pvt Ltd - India
  • Gujarat Sidhee Cement - India
  • ICICI Bank Limited - India
  • Noble Europe Ltd - UK
  • Geoservices-GeoAssay Lab
  • Port Waratah Coal Services - Australia
  • Thailand Anthracite
  • Maruti Cements - India
  • Thermax Limited - India
  • JPower - Japan
  • EIA - United States
  • Bayan Resources Tbk. - Indonesia
  • Georgia Ports Authority, United States
  • SUEK AG - Indonesia
  • Permata Bank - Indonesia
  • Iligan Light & Power Inc, Philippines
  • TeaM Sual Corporation - Philippines
  • Merrill Lynch Bank
  • Meralco Power Generation, Philippines
  • Tanito Harum - Indonesia
  • Bhoruka Overseas - Indonesia
  • Sical Logistics Limited - India
  • World Bank
  • Parry Sugars Refinery, India
  • Riau Bara Harum - Indonesia
  • Dalmia Cement Bharat India
  • India Bulls Power Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • UBS Singapore
  • TRAFIGURA, South Korea
  • Vedanta Resources Plc - India
  • The India Cements Ltd
  • Infraline Energy - India
  • Kideco Jaya Agung - Indonesia
  • Posco Energy - South Korea
  • Chettinad Cement Corporation Ltd - India
  • Electricity Generating Authority of Thailand
  • Vijayanagar Sugar Pvt Ltd - India
  • Wilmar Investment Holdings
  • Binh Thuan Hamico - Vietnam
  • Fearnleys - India
  • KOWEPO - South Korea
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Kapuas Tunggal Persada - Indonesia
  • Banpu Public Company Limited - Thailand
  • Mitsui
  • Samsung - South Korea
  • Gresik Semen - Indonesia
  • Malabar Cements Ltd - India
  • SRK Consulting
  • Leighton Contractors Pty Ltd - Australia
  • Deloitte Consulting - India
  • Thriveni
  • White Energy Company Limited
  • Cardiff University - UK
  • CNBM International Corporation - China
  • Chamber of Mines of South Africa
  • Samtan Co., Ltd - South Korea
  • GB Group - China
  • OCBC - Singapore
  • Energy Development Corp, Philippines
  • Marubeni Corporation - India
  • Cemex - Philippines
  • GMR Energy Limited - India
  • Eastern Coal Council - USA
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Indo Tambangraya Megah - Indonesia
  • Orica Mining Services - Indonesia
  • Agrawal Coal Company - India
  • Orica Australia Pty. Ltd.
  • Coal India Limited
  • Directorate Of Revenue Intelligence - India
  • PNOC Exploration Corporation - Philippines
  • PetroVietnam Power Coal Import and Supply Company
  • Metalloyd Limited - United Kingdom
  • MEC Coal - Indonesia
  • Cement Manufacturers Association - India
  • Cigading International Bulk Terminal - Indonesia
  • Mitsubishi Corporation
  • Indogreen Group - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Sakthi Sugars Limited - India
  • GNFC Limited - India
  • Romanian Commodities Exchange
  • Independent Power Producers Association of India
  • Mercuria Energy - Indonesia
  • Coal Orbis AG
  • Tata Power - India
  • KEPCO - South Korea
  • Britmindo - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Toyota Tsusho Corporation, Japan
  • Coastal Gujarat Power Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • LBH Netherlands Bv - Netherlands
  • Kobexindo Tractors - Indoneisa
  • GHCL Limited - India
  • Krishnapatnam Port Company Ltd. - India
  • Coalindo Energy - Indonesia
  • Barasentosa Lestari - Indonesia
  • Intertek Mineral Services - Indonesia
  • World Coal - UK
  • Core Mineral Indonesia
  • Clarksons - UK
  • Ernst & Young Pvt. Ltd.
  • The University of Queensland
  • Merrill Lynch Commodities Europe
  • Star Paper Mills Limited - India
  • Standard Chartered Bank - UAE
  • Baramulti Group, Indonesia
  • Global Business Power Corporation, Philippines
  • Energy Link Ltd, New Zealand
  • Mercator Lines Limited - India
  • Ministry of Finance - Indonesia
  • ANZ Bank - Australia
  • Platou - Singapore
  • Australian Commodity Traders Exchange
  • Carbofer General Trading SA - India
  • Renaissance Capital - South Africa
  • PLN Batubara - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Barclays Capital - USA
  • Semirara Mining Corp, Philippines
  • Bhatia International Limited - India
  • Jindal Steel & Power Ltd - India
  • Bhushan Steel Limited - India
  • Pinang Coal Indonesia
  • APGENCO India
  • Petrosea - Indonesia
  • Tata Chemicals Ltd - India
  • Therma Luzon, Inc, Philippines
  • Panama Canal Authority
  • CCIC - Indonesia
  • Ambuja Cements Ltd - India
  • OPG Power Generation Pvt Ltd - India
  • Credit Suisse - India
  • Kumho Petrochemical, South Korea
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Total Coal South Africa
  • Ministry of Mines - Canada
  • Qatrana Cement - Jordan
  • Rudhra Energy - India
  • Adaro Indonesia
  • PetroVietnam
  • Sucofindo - Indonesia
  • IBC Asia (S) Pte Ltd
  • Xstrata Coal
  • Berau Coal - Indonesia
  • Runge Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • SASOL - South Africa
  • Aditya Birla Group - India
  • Interocean Group of Companies - India
  • CoalTek, United States
  • Larsen & Toubro Limited - India
  • Sindya Power Generating Company Private Ltd
  • Central Electricity Authority - India
  • Arch Coal - USA
  • Maybank - Singapore
  • Bulk Trading Sa - Switzerland
  • Maersk Broker
  • Cargill India Pvt Ltd
  • Planning Commission, India
  • Asian Development Bank
  • Altura Mining Limited, Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • NTPC Limited - India
  • Mjunction Services Limited - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • JPMorgan - India
  • Enel Italy
  • Russian Coal LLC
  • Cosco
  • McConnell Dowell - Australia
  • Kartika Selabumi Mining - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Indian Oil Corporation Limited
  • ACC Limited - India
  • ETA - Dubai
  • IOL Indonesia
  • Bukit Makmur.PT - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • TGV SRAAC LIMITED, India
  • EMO - The Netherlands
  • Siam City Cement PLC, Thailand
  • Heidelberg Cement - Germany
  • IEA Clean Coal Centre - UK
  • Aboitiz Power Corporation - Philippines
  • SMG Consultants - Indonesia
  • KPMG - USA
  • ASAPP Information Group - India
  • Indonesia Power. PT
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Rio Tinto Coal - Australia
  • Surastha Cement
  • Uttam Galva Steels Limited - India
  • Adani Power Ltd - India
  • Ministry of Transport, Egypt
  • IMC Shipping - Singapore
  • Edison Trading Spa - Italy
  • Mitra SK Pvt Ltd - India
  • Price Waterhouse Coopers - Russia
  • HSBC - Hong Kong
  • GN Power Mariveles Coal Plant, Philippines
  • Australian Coal Association
  • Thomson Reuters GRC
  • Oldendorff Carriers - Singapore
  • Kaltim Prima Coal - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • SGS (Thailand) Limited
  • Bank of China, Malaysia
  • Coaltrans Conferences
  • Xindia Steels Limited - India
  • The State Trading Corporation of India Ltd
  • Meenaskhi Energy Private Limited - India
  • BNP Paribas - Singapore
  • Minerals Council of Australia
  • Bukit Baiduri Energy - Indonesia
  • GVK Power & Infra Limited - India
  • Lanco Infratech Ltd - India
  • Power Finance Corporation Ltd., India
  • J M Baxi & Co - India
  • Semirara Mining and Power Corporation, Philippines
  • Attock Cement Pakistan Limited
  • Sree Jayajothi Cements Limited - India
  • Formosa Plastics Group - Taiwan
  • Ind-Barath Power Infra Limited - India
  • Electricity Authority, New Zealand
  • Japan Coal Energy Center
  • Bank of America
  • Inco-Indonesia
  • Thai Mozambique Logistica
  • Indonesian Coal Mining Association
  • Alfred C Toepfer International GmbH - Germany
  • Sinarmas Energy and Mining - Indonesia
  • Ince & co LLP
  • Straits Asia Resources Limited - Singapore
  • Petron Corporation, Philippines
  • Central Java Power - Indonesia
  • NALCO India
  • McKinsey & Co - India
  • Global Coal Blending Company Limited - Australia
  • Goldman Sachs - Singapore
  • RBS Sempra - UK
  • Grasim Industreis Ltd - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • PLN - Indonesia
  • IHS Mccloskey Coal Group - USA
  • European Bulk Services B.V. - Netherlands
  • DBS Bank - Singapore
  • Vizag Seaport Private Limited - India
  • Arutmin Indonesia
  • Indian School of Mines
  • Karbindo Abesyapradhi - Indoneisa
  • PTC India Limited - India
  • Savvy Resources Ltd - HongKong
  • Shree Cement - India
  • Moodys - Singapore
  • Kobe Steel Ltd - Japan
  • Deutsche Bank - India
  • Antam Resourcindo - Indonesia
  • Trasteel International SA, Italy
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Tamil Nadu electricity Board
  • PowerSource Philippines DevCo
  • Bangladesh Power Developement Board
  • VISA Power Limited - India
  • Vitol - Bahrain
  • Platts
  • Gujarat Electricity Regulatory Commission - India
  • bp singapore
  • Jatenergy - Australia
  • Parliament of New Zealand
  • Sojitz Corporation - Japan
  • Mintek Dendrill Indonesia
  • Indika Energy - Indonesia
  • WorleyParsons
  • KPCL - India
  • Cebu Energy, Philippines
  • Pendopo Energi Batubara - Indonesia
  • CIMB Investment Bank - Malaysia
  • Medco Energi Mining Internasional
  • Kepco SPC Power Corporation, Philippines
  • Thiess Contractors Indonesia
  • Commonwealth Bank - Australia
  • Sarangani Energy Corporation, Philippines
  • AsiaOL BioFuels Corp., Philippines
  • Anglo American - United Kingdom
  • Eastern Energy - Thailand
  • TNPL - India
  • Inspectorate - India
  • Bahari Cakrawala Sebuku - Indonesia
  • CESC Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Billiton Holdings Pty Ltd - Australia
  • Miang Besar Coal Terminal - Indonesia
  • Glencore India Pvt. Ltd
  • Bangkok Bank PCL
  • Siam City Cement - Thailand
  • Mechel - Russia
  • Economic Council, Georgia
  • San Jose City I Power Corp, Philippines
  • MS Steel International - UAE
  • ING Bank NV - Singapore
  • SN Aboitiz Power Inc, Philippines
  • Salva Resources Pvt Ltd - India
  • Malco - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Africa Commodities Group - South Africa
  • Reliance Power - India
  • Lafarge - France
  • U S Energy Resources
  • Argus Media - Singapore
  • Shenhua Group - China
  • Asia Cement - Taiwan
  • New Zealand Coal & Carbon
  • Bharathi Cement Corporation - India
  • Indorama - Singapore
  • TNB Fuel Sdn Bhd - Malaysia
  • UOB Asia (HK) Ltd
  • Essar Steel Hazira Ltd - India
  • globalCOAL - UK
  • Coeclerici Indonesia
  • Manunggal Multi Energi - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Peabody Energy - USA
  • Gupta Coal India Ltd
  • BRS Brokers - Singapore
  • Coal and Oil Company - UAE
  • Asmin Koalindo Tuhup - Indonesia
  • Borneo Indobara - Indonesia
  • Singapore Mercantile Exchange
  • Idemitsu - Japan
  • Simpson Spence & Young - Indonesia
  • Wood Mackenzie - Singapore
  • Latin American Coal - Colombia
  • Jaiprakash Power Ventures ltd
  • Makarim & Taira - Indonesia
  • London Commodity Brokers - England